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HomeMy WebLinkAboutRESOLUTIONS - 01011981 - 1981-485 IN THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, STATE OF CALIFORNIA In the Matter of ) Approval of a Substitute ) RESOLUTION NO. 81/485 Subdivision Agreement, ) Subdivision 4990, Bethel Island Area. The following document(s) (was/were) presented for Board approval this date: A substitute Subdivision Agreement with Delta Real Estate Corporation, Subdivider, wherein said Subdivider agrees to complete all improvements as required in said Subdivision Agreement within one year from the date of said Agreement; Said document(s) (was/were) accompanied by the following: Security to guarantee the road and street improvements as required by Title 9 of the County Ordinance Code, as follows: a. Cash bond (Auditor's Deposit Permit No. 012725, dated September 15, 1978) in the amount of $1,000, deposited by William Boyd Real Estate. b, Additional security in the form of a corporate surety bond dated March 26, 1981, and issued by Indemnity Company of California (Bond No. 620861P) with Delta Real Estate Corporation as principal, in the amount of $56,000 for Faithful Performance and $28,500 for Labor and Materials. NOW THEREFORE BE IT RESOLVED that said substitute Subdivision Agreement is APPROVED. BE IT FURTHER RESOLVED that the Subdivision Agreement with Delta Real Estate Corporation, as approved by the Board on September 26, 1978, is hereby terminated and the Improvement Security Bond(s) with American Motorists Insurance Company of Illinois (is/are) exonerated. PASSED by the Board on May 5, 1981 by the fol l dwi ng vote AYES: Supervisors Eanden, Schroder, McPeak, Torlakson, and powers. NOES: None. ABSENT: None. C'ER' IFIEI) COPY I certify, that th!s b a NIL true & c,.orrect eopg of the orldinaI dpoc?l—� cr" -whiO" is on f.t:n '13 my ofr:ce, "d that it was r+a± ed 4 �sdc?nted by , o Beard of St7perV)86rs of Cc>�: CeGtz 'gin�:ii'� C''a4fornia. on Originator: Public Works (LD) the date shown. �}� _T: J. R. o SSON, county, g Clerk &c�xofPic.o =rii of said Board of Supervisars& b peptbt�r Clem cc: Director of Planning f' t Public Works - Construction °a -�-- Public Works - Accounting Indemnity Company of California 500 Airport Blvd-Suite 138 Burlingame, CA 94010 Delta Real Estate Corporation 6170 Bethel Island Road Bethel Island, CA 94511 William Boyd Real Estate 6170 Bethel Island Road Bethel Island, CA 94511 American Motorist Insurance Company of Illinois Atten.: Al Barker Bonds The Hearst Building Market & 3rd San Francisco, CA 94103 RESOLUTION NO. 81/485